Global Encapsulated Calcium Propionate Market - Industry Trends and Forecast to 2031
The global encapsulated calcium propionate market is expected to reach USD 378,933,002.78 by 2031 from USD 234,523,682.28 in 2023, growing at a CAGR of 6.2% in the forecast period of 2024 to 2031.
Market SegmentationGlobal Encapsulated Calcium Propionate Market, By Grade (Food Grade and Feed Grade), Form (Powder and Granular), Application (Food & Beverages and Feed), Country (U.S., Canada, Mexico, Germany, France, U.K., Spain, Russia, Turkey, Italy, Belgium, Netherlands, Switzerland, Denmark, Sweden, Poland, Norway, rest of Europe, China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, rest of Asia-Pacific, Brazil, Argentina, Chile, Peru, rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Kuwait, Qatar, and rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of the Global Encapsulated Calcium Propionate Market Dynamics
Driver• Increasing demand for extended shelf life
• Expanding food and beverage industry
Restraint• Presence of alternative preservatives
Opportunities
• Increasing demand for preservatives in bakery industry
• Innovative advancements in encapsulation technologies
Market PlayersSome of the major market players operating in the global encapsulated calcium propionate market are listed below: • Glanbia plc (Ireland)
• Ingrizo NV (Belgium)
• PHS Life Sciences (India)
• Balchem Corp. (U.S.)
• LloparTec (Spain)
• TasteTech (U.K.)
• VEDEQSA (A Subsidiary of LAMIRSA GROUP) (Spain)